PHILADELPHIA, Oct. 3 /PRNewswire-FirstCall/ -- Radian Group Inc. (NYSE:
RDN), a global credit risk management company, today announced the
appointment of Teresa Bryce as executive vice president, general counsel
and secretary, replacing Howard Yaruss, who is leaving the company. Ms.
Bryce will report directly to S.A. Ibrahim, Radian's chief executive
officer.
"Teresa brings a strong and impressive background to Radian. Her
significant legal and mortgage industry experience will be a great benefit
to the company, and I am pleased to welcome her to the Radian team," said
Mr. Ibrahim.
Ms. Bryce comes to Radian from Nexstar Financial Corporation, where she
served as general counsel, senior vice president and secretary. Prior to
joining Nexstar, she was general counsel for Bank of America Mortgage and
held other senior legal leadership roles for PNC Mortgage Corporation and
Prudential Home Mortgage Company.
Ms. Bryce holds a bachelor's degree from the University of Virginia and
a J.D. from Columbia University. She currently serves on the Board of
Directors of the Mortgage Bankers Association and has served on the
Consumer Advisory Council of the Federal Reserve and Fannie Mae National
Advisory Council. In 2005, she was honored with the Distinguished Service
Award from the Mortgage Bankers Association of America. Ms. Bryce is also a
member of the Board of Managers for University of Virginia's Alumni
Association.
About Radian Group Inc.
Radian Group Inc. is a global credit risk management company
headquartered in Philadelphia with significant operations in both New York
and London. Radian develops innovative financial solutions by applying its
core mortgage credit risk expertise and structured finance capabilities to
the credit enhancement needs of the capital markets worldwide, primarily
through credit insurance products. The company also provides credit
enhancement for public finance and other corporate and consumer assets on
both a direct and reinsurance basis and holds strategic interests in active
credit-based consumer asset businesses. Additional information may be found
at http://www.radian.biz.
SOURCE Radian Group Inc.
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Related links:
http://www.radian.biz
CONTACT:
Investors - Mona Zeehandelaar,
+1-215-231-1674, mona.zeehandelaar@radian.biz, or Media -
Corporate Communications, +1-215-231-1990, media@radian.biz, both
for Radian Group Inc.
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